Plan Ledger DOL Form 5500 · updated monthly

The Whitestone Group, Inc.401(k)

WHITESTONE GROUP 401K PLAN · REYNOLDSBURG, OH · plan year 2024

Reported admin expense ratio · 2024
0.93%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

The Whitestone Group, Inc. reported $46,903 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,009 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.93%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Ohio (2,472nd of 3,295), and 3,882nd of 5,337 in construction. In 2024, the employer put in $89.40 for every $1.00 employees contributed themselves; active participation has grown from 77 to 418 since 2022.

Plan summary
Net assets, end of year$5,500,673
Participants with balances314
Active participants418
Employer contributions$1,675,809
Employee contributions$18,746
Employer contribution per active participant$4,009
Average account balance$17,518
Benefits paid to participants$1,265,266
Plan auditUnmodified (clean) audit opinion
AuditorCLARK SCHAEFFER HACKETT
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 314 accts · $1.7M emplr
2023$4.6M · 307 accts · $1.6M emplr
2022$3.4M · 172 accts · $684K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,855
Investment management$22,048
Total administrative$46,903
The The Whitestone Group, Inc. 401(k) match · 2024
Employer contribution per active participant$4,009
Median for plans this size$1,313
2024$4,009 per active participant
2023$5,255 per active participant
2022$8,879 per active participant

The Whitestone Group, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
MERRILL LYNCH · Investment advisory (plan)$21,687
MCGREGOR & ASSOCIATES, INC. · Contract administrator$8,865
EMPOWER ADVISORY GROUP, LLC · Investment management$361

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$46,903 · 0.93%
2023$76,276 · 1.91%
2022$36,062 · 0.94%
Similar plansConstruction · Ohio

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Source: U.S. Department of Labor, Form 5500 series, EIN 341941099 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.